Polygon Teams Up With Ethereum-Based Crypto Project To Create Blockchain Dedicated to Gaming

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Blockchain scaling resolution Polygon (MATIC) is teaming up with the Ethereum (ETH)-based gaming challenge Immutable (IMX) to construct a blockchain centered on gaming.

The challenge, titled Immutable zkEVM, is a zero-knowledge (ZK) roll-up that’s “slated for launch within the coming months,” in response to a brand new Polygon press launch.

Says Robbie Ferguson, Immutable president and co-founder,

“By combining the #1 web3 gaming platform – at the moment serving a whole lot of sport studios and hundreds of thousands of gamers – with Polygon’s best-in-class zkEVM know-how, we’re constructing an Ethereum-centric gaming ecosystem that’s poised to take Web3 mainstream and convey digital possession to hundreds of thousands of individuals around the globe.”

The blockchain gaming trade represented 49% of all every day blockchain exercise final yr, in response to a report from DappRadar. The information acquisition and evaluation agency additionally notes that the blockchain gaming transaction depend elevated by 94.17% in 2022 in comparison with the earlier yr.

Immutable’s native token, IMX, might be used because the fuel foreign money for Immutable zkEVM. The 52nd-ranked crypto asset by market cap is down greater than 2% previously 24 hours. IMX is buying and selling at $1.25 at time of writing.

Polygon’s native token, MATIC, is buying and selling at $1.15 at time of writing. The Tenth-ranked crypto asset by market cap is up practically 2% previously 24 hours.

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